Futuristic Marvel: XPeng Aeroht Wows CES With Flying Super Car Concept And Modular 'Land Aircraft Carrier' Update
Portfolio Pulse from Anan Ashraf
XPeng Aeroht, the flying car subsidiary of XPeng Inc (NYSE:XPEV), showcased its flying supercar concept at CES 2024. The vehicle features a design that allows for both driving and flying, with manipulator arms and rotor systems that can be folded into the car. XPeng Aeroht also updated on its modular flying car, the 'Land Aircraft Carrier,' which has separate aerial and ground modules. Pre-orders in China will start in Q4 this year, and mass production is expected in 2025 with a price around one million yuan ($140,764).
January 10, 2024 | 12:49 pm
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XPeng Inc's subsidiary XPeng Aeroht unveiled a flying supercar concept at CES 2024 and announced pre-orders for its modular flying car starting in Q4 this year in China, with mass production expected in 2025.
The unveiling of the flying supercar concept and the announcement of pre-orders for the modular flying car are likely to generate investor interest and positive sentiment towards XPeng Inc (XPEV), potentially leading to a short-term increase in stock price. The news indicates progress in product development and market expansion, which are key factors for growth in the automotive and technology sectors. However, the actual impact on the stock will depend on market perception of the feasibility and demand for such futuristic vehicles.
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